Ep. 1129: Bankman with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Importance of Trend Following in Long-Term Capital Management
The average person, what benefit do you get from talking in detail about long-term capital management? You make money when the scandals happen by having a strategy already in place that didn't know the scandals were going to happen. The American government engineered since March of 2009 till today, one big fucked up market. How many people believed with their money and their heart and their soul that they were getting rich until now? They had it all figured out until interest rates went up. We're entering an interesting time period. Maybe the Fed will quote pivot. Maybe they won't.
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